A young boy named Bastian finds a mysterious book called 'The Neverending Story' and is transported into a fantasy world. There, he embarks on a quest to save the Childlike Empress with the help of a warrior named Atreyu. As Bastian reads the book, he becomes more and more immersed in the story, eventually realizing that his imagination has the power to bring the fantasy world to life.
Ang Panday 2 begins with Flavio/Panday (Revilla) and Maria settling in the peaceful and quiet town of Matandang Kahoy. All is well until Lizardo returns and captures Maria. On his quest to save his lady love, Flavio crosses paths with Ariana whose father had been killed by Lizardo. As the two join forces, Ariana finds herself falling for Flavio. All this happens in a magical world filled with dragons, fairies and other mythical beings. According to Director Carlo J. Caparas who penned the story, the King of Philippine Movies himself, the late Fernando Poe Jr., would be impressed with the production of Ang Panday 2. FPJ had starred in the original Panday films, and had long been associated with the beloved Pinoy komiks character.
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